Blockchain software firm BitGo announced on Monday it has added DGX into its Digital Currency Support with Enterprise Access. BitGo reported that having the integration places DGX on an “industry-recognized” platform and would be a springboard for DGX to be listed on other major exchanges as BitGo enters into the final quarter of 2018.
As previously reported, BitGo provides digital wallets, offline vaults, single integration APIs and private blockchains to world’s largest cryptocurrency exchanges and financial enterprises conducting over $12 billion in monthly transactions.
“BitGo is the world’s largest processor of on-chain bitcoin transactions, processing 15% of all global bitcoin transactions, and $15 billion per month across all cryptocurrencies. BitGo supports more than 75 coins and tokens, has over $2 billion in assets in wallet, and our customer base includes the world’s largest cryptocurrency exchanges and spans more than 50 countries.”
The addition of DGX comes just days after Bitgo announced the introduction of an ERC-20 powered Wrapper BTC for exchanges, platforms to swap ERC20 tokens against BTC on a wrapper contract. BitGo will reportedly provide custody of the Bitcoin and tokenize it by minting WBTC together with approval from community members.
“WBTC users will be able to utilize Bitcoin in a wide variety of new decentralized use cases, including on decentralized exchanges (DEXs), as collateral for stable coins or lending, for payments and flexible smart contracts within the Ethereum ecosystem.”
DGX went on to add that WBTC is an opportunity to contribute technical leadership to the advancement of blockchain and tokenization platforms.